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Loan by Private Limited to Firm, Corporate Laws / SEBI / LLP

Issue Id: - 114057
Dated: 20-8-2018
By:- DK AGGARWAL

Loan by Private Limited to Firm


  • Contents

Dear Sir

Clarification-Company Law

1-Can a Private Limited company give short term LOAN on Interest to a relative firm having common Directors and Partners or vice versa

2---Further the relative firm is holding few shares of the above private limited company. Will it make any difference as loan given or received to a share holder firm or company?

Please respond

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 21-8-2018
By:- DR.MARIAPPAN GOVINDARAJAN

In my view NO


Page: 1

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